BlackRock Bitcoin ETF Faces Record $1.26B Outflow as Investor Panic Sends Options Costs Soaring
The fund that once stood as the crown jewel of institutional crypto adoption is now bleeding assets at an unprecedented rate. BlackRock's iShares Bitcoin Trust, trading under the ticker IBIT on Nasdaq, has recorded a net outflow of $1.26 billion so far in November, marking the largest monthly redemp